7687 OAK STREET, Vancouver

$1,890,000

This 4,234.19 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.

Prime redevelopment opportunity in the highly desirable Oak Street corridor. This RM-8 zoned property offers excellent potential for multi-unit residential development in one of Vancouver’s most sought-after west side locations. Solid house with a metal roof and hardwood flooring. Conveniently situated near transit, parks, schools, shopping, and Richmond/YVR access. An exceptional opportunity for builders, investors, or future land assembly in a rapidly evolving neighborhood with strong long-term upside. Don’t miss it!

How this price compares

This lot asks $446 per square foot of lot. That is about the same as the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 393 of 782 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,890,000
Lot size
4,234.19 sqft
Lot dimensions
33.01 x 128.27
Frontage
33.01 ft
Bedrooms
5
Bathrooms
3
Year built
1976
Zoning
RM-8
MLS® area
South Granville
MLS® number
R3156283

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Listing data via MLS®. Displayed for information only. Zoning RM-8 stamped from the city record on 2026-08-17.